Speaker Rendon Statement on May Budget Revision

Friday, May 11, 2018

SACRAMENTO — Assembly Speaker Anthony Rendon (D-Lakewood) released the following statement on the release of the May budget revision:

“Governor Brown’s May Revision shows that the state budget is stronger now than it has ever been, with record reserves and a growing economy that is now the fifth largest in the world. Under the Governor’s plan, next year’s budget reserves would be larger than the entire general fund budget in 34 other states.

“As we finalize the budget, the Assembly will prioritize investments that expand access and improve affordability in our health care system, and that help cities and counties address the growing homelessness crisis.

“The budget also must address the needs of CSU and UC students, faculty, and staff. They have made the case for funding to stabilize tuition rates, address rising costs, and enroll more California students. We have heard them.

“We look forward to working with the Governor and the Senate in passing another balanced, on time budget by June 15.”